Saxo Bank vs Forex.com

Saxo Bank vs Forex.com Comparison Table 2022
Saxo Bank Forex.com
Not Yet Rated
United States Flag Traders from US not accepted
4.5
United States Flag Traders from US accepted
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
Awards
Best US Broker 2020 - DayTrading.com
Best US Broker 2019 - DayTrading.com
Runner-Up - Best Forex Broker 2019 - DayTrading.com
Promotions

Forex.com Offers Welcome Bonus Up To $5000

Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Futures, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, Debit Card, Giropay, MoneyGram, Paysafecard, Wire Transfer
Minimum Trade
Vary by asset $1
Regulator
DFSA, MAS, FCA, SFC CySEC, IIROC, NFA, CFTC, FCA, FSA, and CIMA
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
No Yes
eSignal
No Yes
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
- Automated trade supported through trading platforms (MT4)
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP, CHF
Stock Exchanges
London Stock Exchange, New York Stock Exchange, Shenzhen Stock Exchange -
CFD
Leverage
1:30 1:50
FTSE Spread
1.2 pts (Variable) 1 pt
GBPUSD Spread
0.7 (var) 1.0 Var
Oil Spread
0.03 0.04 Var
Stocks Spread
0.10% (subject to min commission) 0.1% (Min Commission Applies)
Forex
Forex.com are a leading forex broker. Offering the largest range of currency pairs (80+) and some of the tightest spreads in the industry.
GBPUSD Spread
0.7 (varies by region) 1.0 Var
EURUSD Spread
0.2 (varies by region) 0.7 Var
EURGBP Spread
0.6 (varies by region) 0.7 Var
Assets
40+ 80+
Cryptocurrency
Crypto trading not offered Trade the major Cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account.
Spread
BTC 1.4%, ETH 2%
Coins
BTC, BCH, ETH, LTC, XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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